Insider Buying: Service Properties Trust (NASDAQ:SVC) CFO Purchases 55,000 Shares of Stock

Service Properties Trust (NASDAQ:SVC) CFO Brian Donley purchased 55,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were purchased at an average cost of $1.20 per share, for a total transaction of $66,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Service Properties Trust Trading Up 2.1%

Shares of SVC stock traded up $0.03 during mid-day trading on Thursday, hitting $1.21. The company’s stock had a trading volume of 23,374,139 shares, compared to its average volume of 2,922,002. The company has a market cap of $202.51 million, a PE ratio of -1.00 and a beta of 1.60. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.14 and a current ratio of 0.14. The company’s fifty day simple moving average is $2.06 and its 200-day simple moving average is $2.10. Service Properties Trust has a 52 week low of $1.13 and a 52 week high of $3.08.

Service Properties Trust (NASDAQ:SVC) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. The business had revenue of $397.45 million during the quarter, compared to analysts’ expectations of $394.32 million. Service Properties Trust had a negative return on equity of 29.70% and a negative net margin of 11.15%.Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Service Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Monday, January 26th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $0.04 annualized dividend and a dividend yield of 3.3%. Service Properties Trust’s dividend payout ratio (DPR) is -3.31%.

Institutional Investors Weigh In On Service Properties Trust

Several institutional investors have recently bought and sold shares of SVC. Lonestar Capital Management LLC bought a new position in Service Properties Trust during the 3rd quarter valued at $7,412,000. Goldman Sachs Group Inc. grew its stake in shares of Service Properties Trust by 114.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock worth $10,749,000 after acquiring an additional 2,200,754 shares in the last quarter. Silver Point Capital L.P. grew its stake in shares of Service Properties Trust by 93.3% in the 4th quarter. Silver Point Capital L.P. now owns 3,439,000 shares of the real estate investment trust’s stock worth $6,328,000 after acquiring an additional 1,660,000 shares in the last quarter. Philosophy Capital Management LLC purchased a new stake in shares of Service Properties Trust in the third quarter valued at about $3,838,000. Finally, Varde Management L.P. bought a new position in shares of Service Properties Trust during the third quarter valued at about $3,695,000. Institutional investors own 77.62% of the company’s stock.

Wall Street Analyst Weigh In

SVC has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating on the stock in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Service Properties Trust in a research report on Thursday, January 22nd. Wall Street Zen raised Service Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. B. Riley Financial upgraded Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price target on the stock in a report on Thursday. Finally, Zacks Research downgraded Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Service Properties Trust has a consensus rating of “Hold” and a consensus price target of $2.00.

Service Properties Trust Company Profile

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.